TULSA, Okla., Jan. 8 /PRNewswire-FirstCall/ -- Magellan Midstream Partners, L.P. (NYSE:MMP) and Magellan Midstream Holdings, L.P. (NYSE:MGG) plan to announce financial results for fourth quarter 2007 before the market opens on Tues., Feb. 5. Management will discuss 2007 results and 2008 guidance during a conference call with analysts at 1:30 p.m. Eastern the same day. To participate in the conference call, dial (888) 801-6506 and provide code 1583456. Investors also may listen to the call via MMP's website at http://www.magellanlp.com/webcasts.asp and MGG's website at http://www.mgglp.com/webcasts.asp. Audio replays of the conference call will be available from 4:30 p.m. Eastern on Feb. 5 through midnight on Feb. 11. To access the replay, dial (888) 203-1112 and provide code 1583456. The replay also will be available at http://www.magellanlp.com/ and http://www.mgglp.com/. About Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P. (NYSE:MMP) is a publicly traded partnership formed to own, operate and acquire a diversified portfolio of energy assets. The partnership primarily transports, stores and distributes refined petroleum products. More information is available at http://www.magellanlp.com/. About Magellan Midstream Holdings, L.P. Magellan Midstream Holdings, L.P. (NYSE:MGG) is a publicly traded partnership formed to own the general partner interest and 100% of the incentive distribution rights in MMP. More information is available at http://www.mgglp.com/. Portions of this document may constitute forward-looking statements as defined by federal law. Although management believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in performance is contained in filings with the Securities and Exchange Commission for both partnerships. Contact: Paula Farrell (918) 574-7650 http://www.newscom.com/cgi-bin/prnh/20031107/DAMAGELOGO http://www.newscom.com/cgi-bin/prnh/20060201/DAW022LOGO http://photoarchive.ap.org/ DATASOURCE: Magellan Midstream Partners, L.P.; Magellan Midstream Holdings, L.P. Contact: Paula Farrell of Magellan Midstream Partners, L.P., +1-918-574-7650, Web site: http://www.magellanlp.com/

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